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Rushoud briefs team from Singapore, Sri Lanka, India, US on Jordan investment

By JT - Jan 08,2014 - Last updated at Jan 08,2014

AMMAN — Jordan Investment Board (JIB) acting Chief Executive Officer Awni Rushoud on Wednesday briefed a delegation representing companies from Singapore, Sri Lanka, India and the US on investment opportunities in Jordan. Rushoud said in a JIB statement sent to The Jordan Times that Jordan’s rating in international reports is among the board’s highest priorities regarding investment policies, citing the significance of such reports to investors. Rushoud also said that JIB’s understanding of investment is centred around creating job opportunities to Jordanians and upgrading the living conditions as well as lowering poverty and unemployment rates. The delegation comprised executive directors from the multinational Nike, Inc.

Jordan&rsquo;s investment inflows rose by 19.5 per cent in 2013 &ldquo;reflecting investors&rsquo; confidence in the Kingdom&rsquo;s economy and business environment&rdquo;, a senior government official said Monday.

&ldquo;Positive&rdquo; talks are currently under way with Australian, Korean, Venezuelan and Gulf investors to implement a variety of projects in Jordan,&nbsp; Awni Rushoud, acting chief executive officer of Jordan Investment Board (JIB), told The Jordan Times over the phone on Tuesday.

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The Jordan Times

The Jordan Times is an independent English-language daily published by the Jordan Press Foundationsince October 26, 1975. The Jordan Press Foundation is a shareholding company listed on the Amman Stock Exchange.